Employees are contributing to their retirement accounts at a record rate

Although retirement account balances dipped in the first quarter of 2025, retirement savings rates “stayed consistently high,” according to a recent Fidelity Analysis. Fidelity attributed the small decline in retirement balances to the stock market turbulence. In their analysis, Fidelity…

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Garnishment of benefits are on hold

In yesterday’s headline article: “Are you at risk of a smaller benefit due to defaulted student loan?” the U.S. Department of Education announced it would begin to garnish Social Security benefits on those individuals who have defaulted on their student…

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 Are you at risk of a smaller benefit due to defaulted student loan?

The U.S. Department of Education announced its Office of Federal Student Aid (FSA) will resume collections of its defaulted federal student loan portfolio in May. The Department has not collected loans in default status since March 2020.  Out of the…

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Full Retirement Age Question Surfaces in Fox Business Panel Discussion

Fox Business’s Mornings with Maria Bartiromo yesterday touched on one of the most contentious ideas for addressing the looming Social Security insolvency issue. Citing the results of a recent Reagan National Economic Forum survey in which Americans were asked to weigh in…

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Social Security “Insolvency”–A Different Perspective

Despite a seemingly unlimited number of media posts about the rapidly approaching Social Security insolvency problem — the point at which the program would be unable to pay promised benefits in full — there is one viewpoint that hypothesizes a…

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“Ask Rusty – Social Security Questions Asked Over Coffee ”

Dear Rusty: My coffee conversations with a group of friends have resulted in several questions about Social Security: Dear Curious: Thank you for your readership, and I’ll be happy to tackle your “over coffee” questions about Social Security: This article…

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